Galaxy launches crypto collateralized revolving credit, supporting BTC, ETH, SOL

According to The Block, Galaxy has launched a portfolio credit product backed by crypto assets, allowing eligible GalaxyOne clients to borrow cash using BTC, ETH, and SOL as collateral without selling their holdings.

This revolving credit line uses a combination of qualified assets as collateral, enabling clients to obtain liquidity for daily expenses or investment needs while continuing to hold their crypto assets.